Earnings Per Share (Tables)

6 Months Ended

Jun. 26, 2016

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share Basic and Diluted

The following table sets forth the computation for basic and diluted earnings per share (in thousands, except per share amounts):

	Three months ended				Six months ended
	June 26, 2016		June 28, 2015		June 26, 2016		June 28, 2015
Numerator:
Net income used in computing basic and diluted earnings per share	$	280,431	$	299,810	$	530,920	$	569,664
Denominator:
Denominator for basic earnings per share - weighted-average common shares	180,587		207,650		181,976		209,115
Effect of dilutive securities - employee stock compensation plan	752		940		764		1,050
Denominator for diluted earnings per share - adjusted weighted-average shares outstanding	181,339		208,590		182,740		210,165
Earnings per common share:
Basic	$	1.55	$	1.44	$	2.92	$	2.72
Diluted	$	1.55	$	1.44	$	2.91	$	2.71